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General

Broking houses downgrade CBA after full year result

AAP  |  FRIDAY, 13 AUG 2004
Broking houses were marking down their earnings estimates for Commonwealth Bank of Australia for 2005 after Wednesday's full year earnings fell short of market expectations.

Market Wrap

AAP  |  FRIDAY, 13 AUG 2004
The Australian stock market is likely to open weaker today as a poor performance from US markets overnight continues to weigh on the local bourse.

Market wrap

AAP  |  THURSDAY, 12 AUG 2004
The Australian stock market is likely to open slightly weaker given a poor performance by equity markets offshore.

ANZ launches $1 billion October 2007 bond issue

AAP  |  WEDNESDAY, 11 AUG 2004
ANZ Banking Group on Tuesday priced $1 billion of three-year transferable certificates of deposit (TCD) maturing 15 October 2007 in two tranches.

Market wrap

AAP  |  WEDNESDAY, 11 AUG 2004
The Australian stock market is likely to open firmer on the day as stronger markets in the US and Europe set an early positive tone.

Market wrap

AAP  |  TUESDAY, 10 AUG 2004
The Australian stock market is likely to open slightly weaker in local trade, as a poor performance in Europe and slightly weaker US markets combine to give a weak early outlook.

Market wrap

AAP  |  MONDAY, 9 AUG 2004
The Australian stock market is likely to open weaker as a poor performance from both european and US markets on Friday sets a negative tone for the domestic market today.

AXA shares soar 19% after resuming trading

AAP  |  FRIDAY, 6 AUG 2004
Shares in Australia\'s second largest life insurer AXA Asia Pacific Holdings jumped 19% when trading resumed today, after news directors were considering a $3.1 billion takeover bid by its parent company.

Domestic insurance premium rise at lowest rate in 12 yrs -survey

AAP  |  FRIDAY, 6 AUG 2004
Insurance premiums for company directors and officers have risen as underwriters grapple with increased risk flowing from corporate governance concerns and litigation, a new survey shows.

Market wrap

AAP  |  FRIDAY, 6 AUG 2004
The Australian stock market is likely to open lower today tracking US markets which plunged overnight amid record oil prices.